Sunday Express

Category - Business

Fuel prices up

Fuel prices up

Mpeshe Selebalo MASERU — There was no joy for motorists last Friday after the Petroleum Fund increased fuel prices. The Fund, which regulates the petroleum industry, increased the price of petrol by 15 lisente while...

Mall to open in three weeks

Mall to open in three weeks

Teboho Molapo MASERU — When the Christmas bells toll, Lesotho will have its first world-class shopping mall. The M140 million Pioneer Mall in the south of the Maseru city centre is due to open its doors to the public...

Grading system for hotels on cards

Grading system for hotels on cards

Mpeshe Selebalo MASERU — Lesotho will have a grading system for hotels and lodges in time for the football World Cup next June, the head of investment promotion at the Lesotho Tourism Development Corporation (LTDC) has...

LRA targets construction sector

LRA targets construction sector

Mpeshe Selebalo MASERU — The Lesotho Revenue Authority (LRA) last Thursday organised a seminar to train professionals from the construction sector — such as architects, engineers and quantity surveyors — on tax...

Investor to sink funds into mine

Investor to sink funds into mine

Mpeshe Selebalo MASERU — Kopane Diamond Developments Plc says it has signed an agreement with an investor who will provide capital and technical services at its Liqhobong Mine in Mokhotlong. The London-based company...

Inflation rate declines

Inflation rate declines

Mpeshe Selebalo MASERU — Lesotho’s rate of inflation stood at 8.1 percent in June down from 8.9 percent the previous month, according to Central Bank of Lesotho governor Moeketsi Senaoana. “The decline in the inflation...

Clients cry foul as banks increase fees

Clients cry foul as banks increase fees

JOHANNESBURG — As the recession bites deep into consumers’ pockets, it appears that some banks are helping themselves to some of their clients’ hard-earned cash by increasing their service fees. Absa, for example, has...

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